— Know what they know.
Not Investment Advice

QS NASDAQ

QuantumScape Corporation
1W: -6.9% 1M: -16.1% 3M: -36.9% YTD: -58.7% 1Y: -68.7% 3Y: -28.0% 5Y: -83.1%
$4.57
-0.02 (-0.44%)
 
Weekly Expected Move ±5.9%
$4 $4 $5 $5 $5
NASDAQ · Consumer Cyclical · Auto - Parts · Tech Score Strong Sell · Power 26 · $2.8B mcap · 504M float · 4.04% daily turnover · Short 47% of daily vol

Edge Score

Quantitative competitive moat analysis scoring five pillars of durable advantage — cost leadership, brand intangibles, switching costs, network effects, and efficient scale — using industry percentile rankings on a 0–100 scale.

WEAK EDGE
49.9 / 100
NoneWeakNarrowWide
Primary source: Intangible Assets  ·  ROIC: -136.0%  ·  5Y Avg: -117.7%
Cost Advantage
56
Intangibles
58
Switching Cost
51
Network Effect
33
Scale
43
The Edge Score quantifies a company's competitive moat using five pillars: Cost Advantage (20%, operating margin and SG&A efficiency vs industry peers), Intangible Assets (25%, gross margin premium, R&D intensity, brand pricing power), Switching Costs (25%, revenue stability, earnings consistency, customer retention proxied by operating leverage), Network Effects (15%, revenue growth with expanding margins, market share dominance), and Efficient Scale (15%, market concentration, ROIC sustainability). Each pillar is scored 0–100 using industry percentile rankings, then weighted into a composite. Wide ≥ 70, Narrow ≥ 55, Weak ≥ 40, None < 40. QS shows a Weak competitive edge (49.9/100) — limited structural advantages that may face competitive pressure. The primary source of advantage is Intangible Assets. Negative ROIC of -136.0% indicates the company is currently destroying value, though this may reflect a growth investment phase.

Analyst Insights

Wall Street analyst consensus based on price targets and buy/sell/hold recommendations from institutional research coverage over the trailing 12 months.

Analyst Price Targets
$0
Low
$10
Avg Target
$10
High
Based on 6 analyst ratings (12 mo)
Analyst Recommendations
Strong Buy: 0Buy: 0Hold: 8Sell: 3Strong Sell: 0
Rating Summary
ConsensusHold
Avg Target$10.22
Analysts6
Price Target Change History
DateFirmAnalystOldNewChangeUpside @ CallStock@Call
2026-02-18 HSBC — $10 $8 -2 +16.1% $7.15
2026-02-18 Morgan Stanley — $4 $8 +4 +19.0% $7.14
2026-02-12 Robert W. Baird Ben Kallo Initiated $12 — +36.1% $8.82
2025-11-24 Evercore ISI — Initiated $12 — +4.6% $11.47
2025-11-19 HSBC Laisha Zaack $5 $10 +5 -19.0% $12.97
2025-10-23 Deutsche Bank Winnie Dong $20 $10 -10 -26.4% $13.58
2024-11-19 HSBC Wesley Brooks Initiated $5 — -6.7% $5.68
2024-08-05 Truist Financial Jordan Levy $6 $7 +1 +13.5% $6.17
2024-04-19 Truist Financial Jordan Levy $10 $6 -4 +11.9% $5.36
2022-12-13 Industrial Alliance Securities Mark Delaney Initiated $5 — -29.5% $7.09
2022-11-09 Morgan Stanley Adam Jonas $12 $4 -8 -43.5% $7.08
2022-09-28 Truist Financial Jordan Levy Initiated $10 — +8.3% $9.23
2022-07-23 Morgan Stanley Adam Jonas Initiated $12 — +8.7% $11.04
2022-04-16 Deutsche Bank Emmanuel Rosner Initiated $20 — +9.8% $18.21
2022-04-02 SMBC Nikko Srini Pajjuri Initiated $20 — -1.2% $20.25

Financial Rating

Composite financial health rating (A+ to F) based on discounted cash flow valuation, return on equity, return on assets, debt-to-equity leverage, and relative P/E and P/B multiples.

C-
Oct 02, 2026
DCF
2
ROE
1
ROA
1
D/E
2
P/E
1
P/B
2
The Financial Rating evaluates six fundamental factors — discounted cash flow (DCF) valuation, return on equity (ROE), return on assets (ROA), debt-to-equity leverage (D/E), and relative price-to-earnings (P/E) and price-to-book (P/B) multiples — each scored 1–5. QS receives an overall rating of C-. Areas of concern: DCF (2/5), ROE (1/5), ROA (1/5), D/E (2/5), P/E (1/5), P/B (2/5).
Rating Change History
DateFromTo
2026-10-01 C C-
2026-07-22 C+ C
2026-07-10 C C+
2026-04-30 C- C
2026-04-01 C C-
2026-01-15 None ADDED
2025-12-30 EXISTED None

InsiderStreet Scorecard

Proprietary multi-factor scorecard rating companies across seven fundamental dimensions — profitability, balance sheet strength, earnings quality, growth, value, momentum, and safety — each scored 0–100.

★ ★ ★ ★ ★ — Grade A+
Profitability
—
Balance Sheet
0
Earnings Quality
41
Growth
—
Value
36
Momentum
—
Safety
100
Cash Flow
—

Risk & Quality Signals

Academic financial models used by institutional investors to assess bankruptcy risk, earnings manipulation, financial strength, and credit quality.

Altman Z-Score
17.96
Safe Zone
Piotroski F-Score
4/9
✗ ✗ ✓ ✓ ✓ ✓ ✗ ✗ ✗
Beneish M-Score
—
—
Ohlson O-Score
-5.55
Bankruptcy prob: 0.4%
Low Risk
Credit Rating
BBB+
Score: 62.0/100
Trend: Stable
Earnings Quality
—
OCF/NI: 0.58x
Accruals: -14.4%
The Altman Z-Score (1968) combines five ratios — working capital, retained earnings, EBIT, market value of equity, and sales, all relative to total assets or liabilities — into a single bankruptcy predictor. QS scores 17.96, placing it in the Safe Zone (safe > 2.99, distress < 1.81). Bankruptcy is statistically unlikely within the next two years. The Piotroski F-Score (2000) is a 9-point binary checklist — four profitability tests (positive ROA, positive cash flow, improving ROA, cash flow exceeding net income), three leverage tests (declining debt ratio, improving current ratio, no share dilution), and two efficiency tests (improving gross margin, improving asset turnover). Each pass scores 1 point. QS scores 4/9, indicating moderate financial health — some areas of strength offset by weaknesses in others. The Ohlson O-Score (1980) is a 9-variable logistic regression that estimates bankruptcy probability using firm size, leverage, working capital, current ratio, profitability (ROA), cash flow coverage, negative equity flag, consecutive losses flag, and earnings trajectory. The raw score is converted to a probability via logistic transformation. QS's implied 0.4% bankruptcy probability is well within safe territory. Our Credit Rating model scores companies on five weighted components — solvency (30%), earning power (25%), leverage (20%), liquidity (15%), and cash flow quality (10%) — then blends the absolute score with sector and industry peer rankings. For companies with large buyback programs, equity is adjusted by adding back cumulative 5-year repurchases (capped at 80% of FCF generated) to avoid penalizing shareholder-friendly capital allocation. QS receives an estimated rating of BBB+ (score: 62.0/100), with a stable trend.

Valuation

Key valuation multiples comparing the stock's market price to its earnings, revenue, book value, and cash flows. Lower multiples may indicate relative undervaluation versus peers.

P/E
-6.82x
PEG
-0.25x
P/S
0.00x
P/B
2.68x
P/FCF
-17.01x
P/OCF
—
EV/EBITDA
-10.90x
EV/Revenue
—
EV/EBIT
-9.36x
EV/FCF
-14.11x
Earnings Yield
-8.72%
FCF Yield
-5.88%
Shareholder Yield
0.00%
Graham Number
—
Equity-based multiples (P/E, P/B, P/FCF) compare the stock price to per-share fundamentals and are affected by capital structure. Enterprise value multiples (EV/EBITDA, EV/Revenue, EV/FCF) strip out debt and cash, making them more useful for cross-company comparisons regardless of how companies are financed. The Graham Number — √(22.5 × EPS × Book Value) — is Benjamin Graham's formula for the maximum price a defensive investor should pay. QS currently has negative earnings — the P/E ratio is not meaningful.

DuPont Decomposition (5-Factor)

The 5-factor DuPont framework breaks Return on Equity into its component drivers — tax efficiency, interest burden, operating profitability, asset utilization, and financial leverage — to reveal what truly drives shareholder returns.

Tax Burden
1.001
NI / EBT
×
Interest Burden
0.983
EBT / EBIT
×
EBIT Margin
—
EBIT / Rev
×
Asset Turnover
0.000
Rev / Assets
×
Equity Multiplier
1.128
Assets / Equity
=
ROE
-39.1%
The 5-factor DuPont identity decomposes ROE as: Tax Burden × Interest Burden × EBIT Margin × Asset Turnover × Equity Multiplier = ROE. This reveals whether returns are driven by operating performance, financial leverage, or tax efficiency — three very different sources of profitability. QS's ROE of -39.1% is driven by A tax burden ratio of 1.00 indicates minimal tax leakage — the company retains over 90% of pre-tax earnings.

Graham-Dodd Adjusted Valuation

Our adaptation of Graham's growth formula (Fair P/E = 8.5 + 2g) from The Intelligent Investor. The classic version relies on analyst growth projections, which can be unreliable. This adjusted model substitutes the company's realized 3-year EPS CAGR — a backward-looking, verifiable measure of actual earnings power — grounding the valuation in demonstrated performance rather than forecasts.

Two adjustments we make, and why. Growth is capped at 15%. Graham defined g as expected growth over the next seven to ten years, not last year's rate. Across US companies since 1994 the median realized 7-year EPS growth is 5–8% regardless of how fast a company grew beforehand, and of 4,457 company-quarters that grew faster than 200%, none sustained it. Uncapped, the formula assigned fair multiples in the hundreds to companies that had never held that rate — and scored worse than simply reading the P/E. Capped, it carries real information. The verdict has three states, not two. Tested over 377,249 stock-months, this ratio only separates outcomes at its extremes: below 0.25 beat the universe by 1.3 points a year, above 3.0 lagged by 2.7, and everything in between sat inside a one-point band. Rather than call two-thirds of the market "undervalued" on a threshold of 1.0, we say Neutral where the model cannot tell — which is most of the time.

Adj. Growth Rate
0.00%
Fair P/E
8.50x
Intrinsic Value
—
Price/Value
—
Margin of Safety
—
Premium
—

Profitability Trends

Historical profitability ratios tracking how efficiently the company converts revenue into returns for shareholders over time.

Leverage & Solvency Trends

Debt and liquidity metrics showing the company's financial leverage and ability to meet short-term and long-term obligations.

Efficiency & Working Capital Trends

Operating efficiency metrics measuring how quickly the company converts inventory to sales, collects receivables, and manages its cash conversion cycle.

Growth Trends (YoY %)

Year-over-year growth rates for key financial metrics, showing the trajectory of revenue, earnings, and cash flow generation.

Earnings Stability

R-squared of linear regression measuring how predictably revenue, earnings, and margins follow a trend over the trailing 5 years. 1.0 = perfectly predictable; lower values indicate erratic or cyclical behavior.

Monte Carlo Price Simulation

Geometric Brownian Motion with 1,000 antithetic paths over 1 year, seeded from 1540 days of historical volatility. Percentile bands show the range of statistically plausible outcomes — this is a statistical model, not a forecast.

Current Price
$4.57
Median 1Y
$2.49
5th Pctile
$0.49
95th Pctile
$12.65
Ann. Volatility
98.3%
25th–75th percentile 5th–95th percentile Median path Historical

Executive Compensation

C-suite compensation breakdown including salary, stock awards, options, and incentive pay. The CEO-to-employee pay ratio and Gini coefficient measure pay distribution fairness.

C-Suite Compensation

ExecutiveSalaryStockTotal
Dr. Siva Sivaram
President, Chief Executive Officer & Director
$821,538 $7,547,987 $8,377,033
Dr. Luca Fasoli
Chief Operating Officer
$309,773 $5,880,411 $6,193,116
Dr. Mohit Singh
Chief Development Officer
$496,214 $3,064,238 $3,561,912
Dr. Timothy Holme
Chief Technology Officer
$496,214 $3,064,238 $3,561,642
Kevin Hettrich
Chief Financial Officer
$497,266 $2,582,297 $3,092,306

CEO Pay Ratio

60:1
CEO-to-Employee Pay Ratio
CEO Total Comp: $8,377,033
Avg Employee Cost (SGA/emp): $138,566
Employees: 700

C-Suite Pay Equality (Gini)

CEO Compensation Mix

Workforce & Productivity

Workforce efficiency metrics measuring revenue, profit, and R&D spend per employee — key indicators of operational leverage and human capital productivity.

Employees
700
-12.5% YoY
Revenue / Employee
—
Profit / Employee
$-621,500
NI: $-435,050,000
SGA / Employee
$138,566
Avg labor cost proxy
R&D / Employee
$536,583
Innovation spend

Scaling Efficiency

All Ratios & Metrics

Complete fundamental data with up to 20 periods of history, sparkline trends, and current values across 13 categories and 130+ financial metrics.

Profitability
Metric Trend Q3'21 Q4'21 Q1'22 Q2'22 Q3'22 Q4'22 Q1'23 Q2'23 Q3'23 Q4'23 Q1'24 Q2'24 Q3'24 Q4'24 Q1'25 Q2'25 Q3'25 Q4'25 Q1'26 Q2'26 Current
ROE -1.4% -4.7% -4.3% -15.9% -24.3% -28.2% -30.5% -33.7% -31.5% -33.5% -36.7% -39.5% -37.8% -38.3% -39.9% -42.0% -38.7% -37.4% -38.0% -39.1% -39.08%
ROA -1.3% -3.3% -3.7% -14.1% -22.4% -25.8% -27.7% -30.2% -28.4% -29.9% -32.1% -34.1% -33.6% -33.8% -34.6% -36.1% -34.4% -33.1% -33.9% -34.7% -34.66%
ROIC -78.6% -71.9% -72.1% -78.3% -87.7% -91.9% -91.6% -96.3% -95.7% -99.5% -1.1% -1.2% -1.1% -1.2% -1.2% -1.3% -1.4% -1.4% -1.3% -1.4% -1.36%
ROCE -72.1% -2.6% -3.6% -14.8% -24.5% -28.7% -31.0% -34.3% -28.9% -30.6% -33.6% -36.2% -39.2% -37.8% -38.9% -41.2% -34.6% -34.7% -35.4% -36.7% -36.66%
Gross Margin — — — — — — — — — — — — — — — — — — — — —
Operating Margin — — — — — — — — — — — — — — — — — — — — —
Net Margin — — — — — — — — — — — — — — — — — — — — —
EBITDA Margin — — — — — — — — — — — — — — — — — — — — —
FCF Margin — — — — — — — — — — — — — — — — — — — — —
OCF Margin — — — — — — — — — — — — — — — — — — — — —
ROE 3Y Avg snapshot only -41.16%
ROE 5Y Avg snapshot only -35.45%
ROA 3Y Avg snapshot only -35.93%
ROIC 3Y Avg snapshot only -1.25%
ROIC Economic snapshot only -31.23%
Cash ROA snapshot only -20.20%
Cash ROIC snapshot only -92.21%
CROIC snapshot only -1.07%
Valuation
Metric Trend Q3'21 Q4'21 Q1'22 Q2'22 Q3'22 Q4'22 Q1'23 Q2'23 Q3'23 Q4'23 Q1'24 Q2'24 Q3'24 Q4'24 Q1'25 Q2'25 Q3'25 Q4'25 Q1'26 Q2'26 Current
P/E Ratio -8.22 -205.03 -140.15 -15.64 -9.86 -6.01 -8.45 -7.94 -7.16 -7.67 -6.77 -5.27 -6.14 -5.52 -4.83 -8.15 -15.52 -14.48 -9.25 -11.46 -6.821
P/S Ratio — — — — — — — — — — — — — — — — — — — — 0.000
P/B Ratio 6.24 5.86 5.59 2.52 2.63 1.88 2.86 2.99 2.24 2.55 2.48 2.09 2.64 2.28 2.06 3.68 5.74 5.39 3.51 4.43 2.678
P/FCF -50.82 -36.93 -27.95 -11.49 -9.99 -6.57 -9.46 -9.27 -8.91 -10.52 -10.19 -8.01 -8.65 -7.83 -6.88 -11.90 -24.90 -22.60 -13.84 -17.01 -17.013
P/OCF — — — — — — — — — — — — — — — — — — — — —
EV/EBITDA -7.19 -269.73 -180.73 -12.00 -7.69 -4.07 -7.11 -6.88 -5.47 -6.19 -5.38 -3.91 -5.15 -4.35 -3.73 -7.85 -16.01 -14.78 -8.62 -10.90 -10.898
EV/Revenue — — — — — — — — — — — — — — — — — — — — —
EV/EBIT -7.12 -180.75 -123.84 -10.85 -7.08 -3.71 -6.42 -6.18 -4.86 -5.52 -4.82 -3.49 -4.60 -3.83 -3.22 -6.65 -13.51 -12.48 -7.31 -9.36 -9.364
EV/FCF -43.55 -31.56 -23.88 -7.89 -7.12 -4.04 -7.15 -7.17 -6.02 -7.53 -7.22 -5.28 -6.45 -5.41 -4.56 -9.66 -21.58 -19.37 -10.87 -14.11 -14.111
Earnings Yield -12.2% -0.5% -0.7% -6.4% -10.1% -16.6% -11.8% -12.6% -14.0% -13.0% -14.8% -19.0% -16.3% -18.1% -20.7% -12.3% -6.4% -6.9% -10.8% -8.7% -8.72%
FCF Yield -2.0% -2.7% -3.6% -8.7% -10.0% -15.2% -10.6% -10.8% -11.2% -9.5% -9.8% -12.5% -11.6% -12.8% -14.5% -8.4% -4.0% -4.4% -7.2% -5.9% -5.88%
Price/Tangible Book snapshot only 4.430
Shareholder Yield snapshot only 0.00%
Leverage & Solvency
Metric Trend Q3'21 Q4'21 Q1'22 Q2'22 Q3'22 Q4'22 Q1'23 Q2'23 Q3'23 Q4'23 Q1'24 Q2'24 Q3'24 Q4'24 Q1'25 Q2'25 Q3'25 Q4'25 Q1'26 Q2'26 Current
Current Ratio 42.79 47.81 48.57 32.11 25.68 22.91 22.85 19.25 24.57 18.98 10.38 8.66 14.07 14.21 16.66 16.40 21.14 15.95 20.93 18.42 18.420
Quick Ratio 42.79 47.81 48.57 32.11 25.68 22.91 22.85 19.25 24.57 18.98 10.38 8.66 14.07 14.21 16.66 16.40 21.14 15.95 20.93 18.42 18.420
Debt/Equity 0.04 0.05 0.07 0.07 0.08 0.08 0.08 0.09 0.07 0.08 0.08 0.08 0.09 0.08 0.08 0.09 0.06 0.06 0.06 0.06 0.064
Net Debt/Equity -0.89 -0.85 -0.81 -0.79 -0.76 -0.73 -0.70 -0.68 -0.73 -0.72 -0.72 -0.71 -0.67 -0.71 -0.69 -0.69 -0.77 -0.77 -0.75 -0.76 -0.756
Debt/Assets 0.04 0.05 0.06 0.07 0.07 0.07 0.07 0.08 0.07 0.07 0.07 0.07 0.08 0.07 0.07 0.08 0.05 0.05 0.06 0.06 0.057
Debt/EBITDA -0.06 -2.59 -2.47 -0.50 -0.31 -0.28 -0.28 -0.26 -0.26 -0.25 -0.24 -0.23 -0.23 -0.22 -0.23 -0.23 -0.19 -0.19 -0.19 -0.19 -0.190
Net Debt/EBITDA 1.20 45.89 30.76 5.47 3.10 2.56 2.29 2.01 2.63 2.46 2.22 2.02 1.76 1.96 1.90 1.81 2.47 2.46 2.35 2.24 2.241
Interest Coverage -100.12 -31.40 -29.33 -98.27 -139.76 -170.69 -176.65 -186.07 -183.66 -186.24 -195.29 -201.48 -209.33 -213.90 -215.39 -216.19 -214.43 -212.19 -210.70 -212.08 -212.076
Equity Multiplier 1.06 1.07 1.09 1.10 1.11 1.12 1.12 1.13 1.11 1.12 1.16 1.18 1.15 1.14 1.14 1.14 1.10 1.12 1.11 1.12 1.115
Cash Ratio snapshot only 18.207
Debt Service Coverage snapshot only -182.217
Cash to Debt snapshot only 12.798
FCF to Debt snapshot only -4.066
Defensive Interval snapshot only 818.5 days
Efficiency & Turnover
Metric Trend Q3'21 Q4'21 Q1'22 Q2'22 Q3'22 Q4'22 Q1'23 Q2'23 Q3'23 Q4'23 Q1'24 Q2'24 Q3'24 Q4'24 Q1'25 Q2'25 Q3'25 Q4'25 Q1'26 Q2'26 Current
Asset Turnover 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000
Inventory Turnover — — — — — — — — — — — — — — — — — — — — —
Receivables Turnover — — — — — — — — — — — — — — — — — — — — —
Payables Turnover 0.93 1.50 1.86 1.21 1.47 2.03 3.00 2.55 3.61 2.78 3.37 3.55 5.25 5.95 6.65 6.52 8.70 7.37 8.42 9.01 9.006
DSO — — — — — — — — — — — — — — — — — — — — —
DIO 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0.0 days
DPO 391 243 196 302 248 180 121 143 101 131 108 103 69 61 55 56 42 50 43 41 40.5 days
Cash Conversion Cycle — — — — — — — — — — — — — — — — — — — — —
Fixed Asset Turnover snapshot only 0.000
Cash Velocity snapshot only 0.000
Growth (YoY)
Metric Trend Q3'21 Q4'21 Q1'22 Q2'22 Q3'22 Q4'22 Q1'23 Q2'23 Q3'23 Q4'23 Q1'24 Q2'24 Q3'24 Q4'24 Q1'25 Q2'25 Q3'25 Q4'25 Q1'26 Q2'26 Current
Revenue — — — — — — — — — — — — — — — — — — — — —
Net Income -2.3% 97.2% 96.5% 85.6% 70.5% -8.0% -6.0% -88.9% -19.1% -8.1% -8.2% -4.4% -8.1% -7.3% -2.3% 0.9% 5.7% 9.0% 10.6% 12.6% 12.60%
EPS -90.5% 98.1% 97.0% 86.3% 71.4% -7.7% -5.8% -83.1% -9.6% 3.9% 4.0% 7.2% -0.2% -3.8% 7.4% 11.6% 15.2% 23.5% 19.9% 20.1% 20.05%
FCF -11.6% -3.8% -2.5% -1.1% -79.9% -47.7% -23.9% -19.0% 3.1% 13.9% 19.5% 19.8% 4.5% -3.7% -8.1% -3.0% 17.2% 17.2% 15.0% 14.0% 14.00%
EBITDA -2.4% 98.2% 97.6% 86.9% 72.5% -11.5% -8.4% -88.6% -15.3% -5.8% -7.2% -4.0% -8.7% -5.8% 1.2% 6.1% 10.9% 12.6% 12.4% 9.5% 9.55%
Op. Income -7.6% -3.2% -1.7% -1.1% -1.1% -95.4% -68.4% -52.1% -25.0% -10.3% -10.4% -6.2% -8.2% -13.2% -6.4% -1.9% 3.0% 10.0% 11.4% 12.9% 12.90%
OCF Growth snapshot only 13.83%
Asset Growth snapshot only 0.03%
Equity Growth snapshot only 2.26%
Debt Growth snapshot only -24.89%
Shares Change snapshot only 9.32%
Growth (CAGR)
Metric Trend Q3'21 Q4'21 Q1'22 Q2'22 Q3'22 Q4'22 Q1'23 Q2'23 Q3'23 Q4'23 Q1'24 Q2'24 Q3'24 Q4'24 Q1'25 Q2'25 Q3'25 Q4'25 Q1'26 Q2'26 Current
Revenue 3Y — — — — — — — — — — — — — — — — — — — — —
Revenue 5Y — — — — — — — — — — — — — — — — — — — — —
EPS 3Y — — — — — — — — — — — — — — — — — — — — —
EPS 5Y — — — — — — — — — — — — — — — — — — — — —
Net Income 3Y — — — — — — — — — — — — — — — — — — — — —
Net Income 5Y — — — — — — — — — — — — — — — — — — — — —
EBITDA 3Y — — — — — — — — — — — — — — — — — — — — —
EBITDA 5Y — — — — — — — — — — — — — — — — — — — — —
Gross Profit 3Y — — — — — — — — — — — — — — — — — — — — —
Gross Profit 5Y — — — — — — — — — — — — — — — — — — — — —
Op. Income 3Y — — — — — — — — — — — — — — — — — — — — —
Op. Income 5Y — — — — — — — — — — — — — — — — — — — — —
FCF 3Y — — — — — — — — — — — — — — — — — — — — —
FCF 5Y — — — — — — — — — — — — — — — — — — — — —
OCF 3Y — — — — — — — — — — — — — — — — — — — — —
OCF 5Y — — — — — — — — — — — — — — — — — — — — —
Assets 3Y — — — — — — — — 1.3% 12.1% -3.2% -7.1% -10.2% -8.3% -9.0% -10.4% -4.5% -3.9% -4.5% -4.6% -4.63%
Assets 5Y — — — — — — — — — — — — — — — — 58.3% 4.2% -5.3% -7.7% -7.68%
Equity 3Y — — — — — — — — 1.3% 56.1% -0.9% -7.8% -12.5% -10.3% -10.3% -11.4% -4.3% -3.9% -4.1% -4.1% -4.13%
Book Value 3Y — — — — — — — — 86.3% 30.8% -10.3% -13.8% -17.8% -15.5% -17.3% -18.8% -12.4% -13.8% -14.0% -13.9% -13.86%
Dividend 3Y — — — — — — — — — — — — — — — — — — — — —
Growth Quality
Metric Trend Q3'21 Q4'21 Q1'22 Q2'22 Q3'22 Q4'22 Q1'23 Q2'23 Q3'23 Q4'23 Q1'24 Q2'24 Q3'24 Q4'24 Q1'25 Q2'25 Q3'25 Q4'25 Q1'26 Q2'26 Current
Revenue Stability — — — — 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.000
Earnings Stability — — — — 0.00 0.54 0.55 0.62 0.04 0.36 0.37 0.45 0.07 0.26 0.27 0.36 0.09 0.21 0.24 0.33 0.328
Margin Stability — — — — — — — — — — — — — — — — — — — — —
Rev. Growth Consistency 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000
Earn. Growth Consistency 0.00 0.50 0.50 0.50 0.50 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.50 0.50 0.50 0.50 1.00 1.000
FCF Positive Streak 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Earnings Persistence — — — — 0.50 0.50 0.50 0.50 0.92 0.97 0.97 0.98 0.97 0.97 0.99 1.00 0.98 0.96 0.96 0.95 0.950
Earnings Smoothness — — — — — — — — — — — — — — — — — — — — —
ROE Trend — — — — 1.81 2.05 0.35 0.25 0.20 -0.16 -0.18 -0.13 -0.14 -0.09 -0.07 -0.07 0.00 0.00 0.02 0.04 0.038
Gross Margin Trend — — — — — — — — — — — — — — — — — — — — —
FCF Margin Trend — — — — — — — — — — — — — — — — — — — — —
Sustainable Growth Rate — — — — — — — — — — — — — — — — — — — — —
Internal Growth Rate — — — — — — — — — — — — — — — — — — — — —
Cash Flow Quality
Metric Trend Q3'21 Q4'21 Q1'22 Q2'22 Q3'22 Q4'22 Q1'23 Q2'23 Q3'23 Q4'23 Q1'24 Q2'24 Q3'24 Q4'24 Q1'25 Q2'25 Q3'25 Q4'25 Q1'26 Q2'26 Current
OCF/Net Income 0.09 2.78 2.51 0.73 0.54 0.53 0.55 0.53 0.56 0.54 0.51 0.52 0.57 0.57 0.59 0.59 0.54 0.56 0.57 0.58 0.583
FCF/OCF 1.84 2.00 2.00 1.87 1.83 1.73 1.63 1.60 1.44 1.35 1.30 1.27 1.24 1.23 1.19 1.16 1.14 1.15 1.17 1.16 1.156
FCF/Net Income snapshot only 0.674
CapEx/Revenue — — — — — — — — — — — — — — — — — — — — —
CapEx/Depreciation snapshot only 0.637
Accruals Ratio -1.21 0.06 0.06 -0.04 -0.10 -0.12 -0.13 -0.14 -0.13 -0.14 -0.16 -0.16 -0.14 -0.14 -0.14 -0.15 -0.16 -0.15 -0.14 -0.14 -0.144
Sloan Accruals snapshot only 0.006
Cash Flow Adequacy snapshot only -6.429
Dividends & Buybacks
Metric Trend Q3'21 Q4'21 Q1'22 Q2'22 Q3'22 Q4'22 Q1'23 Q2'23 Q3'23 Q4'23 Q1'24 Q2'24 Q3'24 Q4'24 Q1'25 Q2'25 Q3'25 Q4'25 Q1'26 Q2'26 Current
Dividend Yield 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.00%
Dividend/Share $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Payout Ratio — — — — — — — — — — — — — — — — — — — — —
FCF Payout Ratio — — — — — — — — — — — — — — — — — — — — —
Total Payout Ratio — — — — — — — — — — — — — — — — — — — — —
Div. Increase Streak — — — — — — — — — — — — — — — — — — — — —
Chowder Number — — — — — — — — — — — — — — — — — — — — —
Buyback Yield 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.00%
Net Buyback Yield -6.4% -6.0% -1.2% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% -0.0% -0.0% -0.0% -0.0% -4.9% -5.7% -3.4% -5.7% -4.5% -7.2% -6.1% -6.11%
Total Shareholder Return -6.4% -6.0% -1.2% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% -0.0% -0.0% -0.0% -0.0% -4.9% -5.7% -3.4% -5.7% -4.5% -7.2% -6.1% -6.11%
DuPont Factors
Metric Trend Q3'21 Q4'21 Q1'22 Q2'22 Q3'22 Q4'22 Q1'23 Q2'23 Q3'23 Q4'23 Q1'24 Q2'24 Q3'24 Q4'24 Q1'25 Q2'25 Q3'25 Q4'25 Q1'26 Q2'26 Current
Tax Burden (NI/EBT) 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.001
Interest Burden (EBT/EBIT) 1.01 1.03 1.03 1.01 1.01 1.01 1.01 1.01 1.01 1.01 1.01 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 0.98 0.983
EBIT Margin — — — — — — — — — — — — — — — — — — — — —
Asset Turnover 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000
Equity Multiplier 1.07 1.42 1.16 1.13 1.09 1.09 1.10 1.12 1.11 1.12 1.14 1.16 1.13 1.13 1.15 1.16 1.12 1.13 1.12 1.13 1.128
Per Share
Metric Trend Q3'21 Q4'21 Q1'22 Q2'22 Q3'22 Q4'22 Q1'23 Q2'23 Q3'23 Q4'23 Q1'24 Q2'24 Q3'24 Q4'24 Q1'25 Q2'25 Q3'25 Q4'25 Q1'26 Q2'26 Current
EPS (Diluted TTM) $-2.98 $-0.11 $-0.14 $-0.55 $-0.85 $-0.94 $-0.97 $-1.01 $-0.93 $-0.91 $-0.93 $-0.93 $-0.94 $-0.94 $-0.86 $-0.82 $-0.79 $-0.72 $-0.69 $-0.66 $-0.66
Book Value/Share $3.93 $3.78 $3.57 $3.41 $3.19 $3.02 $2.86 $2.67 $2.99 $2.73 $2.54 $2.35 $2.18 $2.28 $2.02 $1.82 $2.15 $1.93 $1.82 $1.71 $1.71
Tangible Book/Share $3.93 $3.78 $3.57 $3.41 $3.19 $3.02 $2.86 $2.67 $2.99 $2.73 $2.54 $2.35 $2.18 $2.28 $2.02 $1.82 $2.15 $1.93 $1.82 $1.71 $1.71
Revenue/Share $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
FCF/Share $-0.48 $-0.60 $-0.72 $-0.75 $-0.84 $-0.86 $-0.86 $-0.86 $-0.75 $-0.66 $-0.62 $-0.61 $-0.66 $-0.66 $-0.60 $-0.56 $-0.49 $-0.46 $-0.46 $-0.44 $-0.44
OCF/Share $-0.26 $-0.30 $-0.36 $-0.40 $-0.46 $-0.50 $-0.53 $-0.54 $-0.52 $-0.49 $-0.47 $-0.49 $-0.54 $-0.54 $-0.51 $-0.49 $-0.43 $-0.40 $-0.39 $-0.38 $-0.38
Cash/Share $3.67 $3.41 $3.14 $2.94 $2.66 $2.43 $2.23 $2.04 $2.39 $2.18 $2.03 $1.87 $1.65 $1.79 $1.57 $1.42 $1.77 $1.61 $1.48 $1.40 $1.40
EBITDA/Share $-2.92 $-0.07 $-0.09 $-0.49 $-0.78 $-0.85 $-0.87 $-0.90 $-0.83 $-0.80 $-0.83 $-0.83 $-0.83 $-0.82 $-0.74 $-0.70 $-0.67 $-0.60 $-0.58 $-0.58 $-0.58
Debt/Share $0.16 $0.18 $0.23 $0.25 $0.24 $0.24 $0.24 $0.23 $0.22 $0.20 $0.20 $0.19 $0.19 $0.18 $0.17 $0.16 $0.13 $0.12 $0.11 $0.11 $0.11
Net Debt/Share $-3.51 $-3.23 $-2.91 $-2.69 $-2.42 $-2.19 $-1.99 $-1.81 $-2.17 $-1.98 $-1.84 $-1.68 $-1.46 $-1.61 $-1.40 $-1.26 $-1.64 $-1.49 $-1.37 $-1.29 $-1.29
Academic Models
Metric Trend Q3'21 Q4'21 Q1'22 Q2'22 Q3'22 Q4'22 Q1'23 Q2'23 Q3'23 Q4'23 Q1'24 Q2'24 Q3'24 Q4'24 Q1'25 Q2'25 Q3'25 Q4'25 Q1'26 Q2'26 Current
Altman Z-Score — — — — — — — — — — — — — — — — — — — — 17.963
Altman Z-Prime snapshot only 31.472
Piotroski F-Score 4 1 1 2 2 1 1 1 2 2 2 2 1 1 2 2 4 4 4 4 4
Beneish M-Score — — — — — — — — — — — — — — — — — — — — —
Ohlson O-Score snapshot only -5.547
ROIC (Greenblatt) snapshot only -39.11%
Net-Net WC snapshot only $1.22
EVA snapshot only $-373800510.00
Credit
Metric Trend Q3'21 Q4'21 Q1'22 Q2'22 Q3'22 Q4'22 Q1'23 Q2'23 Q3'23 Q4'23 Q1'24 Q2'24 Q3'24 Q4'24 Q1'25 Q2'25 Q3'25 Q4'25 Q1'26 Q2'26 Current
Credit Rating snapshot only BBB+
Credit Score 60.29 60.77 61.07 61.81 62.00 62.56 62.13 61.71 61.11 61.33 60.78 54.96 61.05 61.45 61.08 61.12 61.37 61.15 61.17 62.01 62.010
Credit Grade snapshot only 8
Credit Trend snapshot only 0.890
Implied Spread (bps) snapshot only 225.000
Industry Credit Rank snapshot only 50
Sector Credit Rank snapshot only 56

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